4 Rand. 478 | Va. Ct. App. | 1826
Nelson, professing to act as attorney in fact for D. Diggs, administrator of A. Smith, sold at public sale a house and lot at York Town. The advertisement exhibited by the crier at the sale, stated that, the property belonged to the heirs of Doctor Augustine Smith, and would be sold uj> on a credit of one, two, and three years; the purchaser giving bond with approved security, and a deed of trust on the property; and that possession would be given on the first day of January then next. Nothing was said as to the time when a conveyance was to be made. The sale was on the 15th of December, 1817. The appellant became the purchaser, and executed his bonds according to the terms of the advertisement. He entered into the possession of the property, and held it until 1821. In the mean time, early in 1819, one of the houses on the lot,
It might be inferred from the advertisement, stating th.at; a deed of trust was to be given by the purchaser, that a good title was to he immediately made to him. The complainant alleges that such were the terms of the sale; and that' it was publicly proclaimed, and understood by him and the by-standers generally, that a title would be made to the purchaser, upon the terms of the sale being compli
Upon these facts, it is impossible to resist the conclusion, that the purchaser knew perfectly the state of the title, when he purchased, and that tío title could be made until the infants came of age; and that he neither demanded nor expected a title to be made until then.
The Chancellor thought that the contract ought to be executed, and decreed accordingly.
How far time is material in a Court of Equity, upon the question of enforcing the execution of a contract, depends upon the particular circumstances of each case, and the conduct.of the parties. The authorities upon this subject are collected in Sugden’s Law of Vendors and Purchasers; and in the judgment of Chief Justice Marshall in Garnett v. Macon.
In this case, the purchaser knew that no conveyance could be immediately made; and that there was no possible means of removing the, impediment, but the efflux of time; yet, with this knowledge, he made the purchase, and proceeded to carry it into effect as far as under existing circumstances it could be done. And, indeed, there was no time stipulated for making the conveyance. The fair inference from the whole circumstances of the case, is, that the agreement was that the conveyance by the children should'be procured, when they came of age; and if so, then the contract can now be executed literally, according to the intention of the parties.
The principle of the decree of the Court of Chancery is therefore right. But it is erroneous in this, that it dissolves the injunction unconditionally, and directs the defendants to convey to the plaintiff; whereas, the order for dissolving the injunction should have been upon the condition, that the defendants executed a deed to the plaintiff, with general warranty, and filed it, duly authenticated for record, with the clerk of the Court, for the use of the plaintiff. The reservation in the decree is proper.
This reservation was, that the defendants should have liberty to apply to the Court for an order directing the sale of the premises, for the payment of the purchase money, if they should he advised so to do.